Used in the synthesis of chiral compounds, particularly in pharmaceuticals where enantiomeric purity is crucial. It serves as a key intermediate in the production of drugs targeting neurological and cardiovascular diseases. Its hydroxyl and carboxylic acid functional groups make it versatile for further chemical modifications, enabling the creation of complex molecules with specific biological activities. Additionally, it is employed in research and development for studying enzyme mechanisms and designing enzyme inhibitors. Its chiral nature also makes it valuable in asymmetric synthesis, enhancing the efficiency and selectivity of chemical reactions.